rationality is a method of dealing with uncertainty by devouring information and making simplifying assumptions about the outside world until you can convince yourself that you understand it
rationality is a method of dealing with uncertainty by devouring information and making simplifying assumptions about the outside world until you can convince yourself that you understand it
We need heuristics, because the world is incredibly complex, and if we didn’t simplify our mental models we’d never be able to make a decision about anything. But the risk with any heuristic is that salient, even essential points can get lost in the simplification and substitution, leading to a false outcome.
Karawynn Long • Language Is a Poor Heuristic for Intelligence
Bounded rationality is the idea that rationality is limited when individuals make decisions, and under these limitations, rational individuals will select a decision that is satisfactory rather than optimal.[1]
Limitations include the difficulty of the problem requiring a decision, the cognitive capability of the mind, and the time available to mak... See more
Limitations include the difficulty of the problem requiring a decision, the cognitive capability of the mind, and the time available to mak... See more
Herbert A. Simon • Bounded rationality
Your strength as a rationalist is your ability to be more confused by fiction than by reality. If you are equally good at explaining any outcome, you have zero knowledge.
Eliezer Yudkowsky • Rationality
Confidence in Reason: Trusting in the power of reasoning, both one's own and that of others, as long as it is rooted in evidence and logic.
Neuronswaves • Critical Thinking, Logic &Amp; Problem Solving
So rationality is about forming true beliefs and making winning decisions.
Eliezer Yudkowsky • Rationality
As creatures of bounded rationality, incapable of dealing with the world in all of its complexity, we form a simplified picture of the world, viewing it from our particular organizational vantage point and our organization’s interests and goals.